As Dun & Bradstreet Corporation (DNB) Market Valuation Declined, Cramer Rosenthal Mcglynn LLC Has Raised Holding by $50.59 Million

July 17, 2017 - By Maria Brooks

Cramer Rosenthal Mcglynn Llc increased its stake in Dun & Bradstreet Corporation (DNB) by 62.08% based on its latest 2016Q4 regulatory filing with the SEC. Cramer Rosenthal Mcglynn Llc bought 418,119 shares as the company’s stock declined 3.40% while stock markets rallied. The institutional investor held 1.09 million shares of the consumer services company at the end of 2016Q4, valued at $132.43 million, up from 673,490 at the end of the previous reported quarter. Cramer Rosenthal Mcglynn Llc who had been investing in Dun & Bradstreet Corporation for a number of months, seems to be bullish on the $4.06B market cap company. The stock increased 0.55% or $0.6 during the last trading session, reaching $109.22. About 317,448 shares traded. Dun & Bradstreet Corp (NYSE:DNB) has declined 12.51% since July 17, 2016 and is downtrending. It has underperformed by 29.21% the S&P500.

Cramer Rosenthal Mcglynn Llc, which manages about $14.64 billion and $6.74B US Long portfolio, decreased its stake in Dte Energy Corp (NYSE:DTE) by 131,210 shares to 112,090 shares, valued at $11.04 million in 2016Q4, according to the filing. It also reduced its holding in Synovus Financial Corp (NYSE:SNV) by 731,610 shares in the quarter, leaving it with 1.24M shares, and cut its stake in Mrc Global Inc (NYSE:MRC).

More notable recent Dun & Bradstreet Corp (NYSE:DNB) news were published by: Finance.Yahoo.com which released: “Dun & Bradstreet (DNB) Q1 Earnings & Revenues Top Estimates” on May 02, 2017, also Nasdaq.com with their article: “Should You Get Rid of Dun & Bradstreet Corp. (DNB) Now?” published on February 23, 2017, Fool.com published: “Why Dun & Bradstreet Corporation Stock Is Tumbling” on February 09, 2017. More interesting news about Dun & Bradstreet Corp (NYSE:DNB) were released by: Marketwatch.com and their article: “Gartner to replace Dun & Bradstreet on S&P 500” published on March 29, 2017 as well as Seekingalpha.com‘s news article titled: “Dun & Bradstreet (DNB) Q1 2017 Results – Earnings Call Transcript” with publication date: May 02, 2017.

Dun & Bradstreet Corp (NYSE:DNB) Ratings Coverage

Among 3 analysts covering Dun & Bradstreet (NYSE:DNB), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Dun & Bradstreet had 4 analyst reports since November 4, 2015 according to SRatingsIntel. On Friday, January 20 the stock rating was upgraded by Goldman Sachs to “Neutral”. The stock has “Underweight” rating by Barclays Capital on Friday, February 10.

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